Deposit Accounts
Prime Business Checking - Prime Economy
- Prime Business Now
- Prime Analyzed
- Nonprofit
- Business Savings
- Business Money Market
- Business Money Market Plus
- Who to Contact
Prime Business Checking
Designed especially for Sole Owners, Partnerships, Corporations and Limited Liability Corporations who deposit up to 250 items per month.
- $15.00 monthly or free if $10,000 minimum monthly balance
- Includes free Prime Advantage Personal Checking and Safe Deposit Box
- Includes free Money Market deposit account for the owner (within bank guidelines)
- Equity loan discounts
- Free online banking and Bill Pay
- $50.00 Annual Fee for Line of Credit attached to checking account (DDL)
- No Fee Debit Card
- Credit Card annual fees range from $0 to $55
Prime Economy
Designed especially for Sole Owners, Partnerships and Corporations who deposit up to 150 items per month.
- $5.00 monthly or Free if $2,500 minimum monthly balance
- Minimum opening deposit of $100
- Free online banking and Bill Pay
- $50.00 Annual Fee for Line of Credit attached to checking account (DDL)
- No Fee Debit Card
- Credit Card annual fees range from $0 to $55
Prime Business Now
Designed especially for Sole Owners, Estate and Trustees who deposit up to 150 items per month.
- $10.00 monthly or free if $1,000 average monthly balance
- Interest bearing account
- Free online banking and Bill Pay
- No Fee Debit Card
- Credit Card annual fees range from $0 to $55
Prime Analyzed
With unlimited transaction levels, this account offers an earnings credit allowance that can offset some or all service charges. Prime Analyzed Checking is the right account for your company if your transaction activity is moderate to high. Using an account analysis to calculate monthly deposit and cash management charges, Prime Analyzed Checking benefits businesses in need of cash management services. It's also great for businesses looking to combine multiple accounts into a single relationship.
- $50.00 Annual Fee for Line of Credit attached to checking account (DDL)
- Debit Card
- Credit Card
- Free Remote Deposit (Ask your banker for details)
Definitions
- Analyzed accounts. Monthly service charges are subject to and calculated according to the volume of account activity
- Earnings credit. An allowance that is earned on account balances that can be used to help offset many service fees.
How earnings credit offsets charges
- Accounts can be linked or grouped together to take advantage of combined balances.
- An earnings credit based on account balance is used to help offset some or all service charges.
- Earnings credit equals credit earned on a business account's current month's average positive collected balance less reserves maintained with the Federal Reserve. The earnings credit rate is subject to change monthly.
Earnings Credit Calculation
Available Balance for Earnings Credit
x Earnings Credit Rate x # Days in Month
365 Days
Nonprofit
Nonprofit
Designed for Non-Profit Organizations with high volume checking usage.
- $100.00 Minimum opening deposit
- No Balance Required
- No Monthly Service Fee for Schools and Churchs
Business Savings
Earn interest without keeping a lot of money in the bank.
- No monthly fee if balance requirements maintained
- Earns interest on all money in account
- Low opening account
Business Money Market
Earn higher interest rates than our primary savings account with check writing abilities.
- Tiered interest rates depending on your balance
- 6 monthly withdrawals allowed outside of the bank
Business Money Market Plus
The same features and services as our Money Market, except higher interest rates are available.
- Tiered interest rates depending on your balance
- 6 monthly withdrawals allowed outside of the bank
